Millennial Lithium (TSXV:ML) Accumulated Depreciation : C$-1.14 Mil (As of Aug. 2021)

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What is Millennial Lithium Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Millennial Lithium's quarterly accumulated depreciation declined from Feb. 2021 (C$-1.12 Mil) to May. 2021 (C$-1.08 Mil) but then increased from May. 2021 (C$-1.08 Mil) to Aug. 2021 (C$-1.14 Mil).

Millennial Lithium's annual accumulated depreciation increased from Feb. 2019 (C$-0.16 Mil) to Feb. 2020 (C$-0.58 Mil) and increased from Feb. 2020 (C$-0.58 Mil) to Feb. 2021 (C$-1.12 Mil).

Millennial Lithium Accumulated Depreciation Historical Data

The historical data trend for Millennial Lithium's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Millennial Lithium Accumulated Depreciation Chart

Millennial Lithium Annual Data

Trend

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Accumulated Depreciation

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-0.14

-0.15

-0.16

-0.58

-1.12

Millennial Lithium Quarterly Data
	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21
Accumulated Depreciation	Get a 7-Day Free Trial															-0.76	-0.76	-1.12	-1.08	-1.14

Millennial Lithium Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Millennial Lithium Accumulated Depreciation Related Terms

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Millennial Lithium (TSXV:ML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Millennial Lithium Corp (TSXV:ML) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

N/A

Address

350 Bay Street, Suite 400, Toronto, ON, CAN, M5H 2S6

Website

http://www.millenniallithium.com

Millennial Lithium Corp is engaged in the business of acquisition, exploration and development of lithium mineral properties. The company's projects include the Pastos Grandes Lithium Project and Cauchari East Lithium Project. It has one operating segment, being the exploration of resource properties.